Shares of FTR traded higher by 9.69% or $0.38/share to $4.30. NASDAQ is trading at a price to book ratio of 0.89. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.9 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.76. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 13378800 shares of FTR exchange hands on a given day and today's volume is recorded at 13433259. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Frontier Communications Corporation (Frontier) is a communications company providing services primarily to rural areas and small and medium-sized towns and cities in the United States.
